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I think they have a few days or maybe a few weeks to file the Form 4s. Yesterday's filing appears to show the shares were likely sold to someone recently. Sold to who and why now?
Thanks for the post and "red" highlighted area. Appears to have been lots going on this past summer. Waiting for more information as to where KALO is in present day terms i.e., revenues, done deals, prior debt extinguishment, staffing, partners, etc.
Thinking the same thing. The CEO could very well be continuing to accumulate under $.02 but why did the COO sell so many shares if I'm reading yesterday's filing correctly???
Absolutely, but yesterday's filing continues to mystify my thinking as to the "why?" One conspiracy theory I have is the CEO sold his shares at some set price to a buyout/merger suitor who will take control of the company with a much bigger financial and infrastructure to handle future growth. IMO, someone has been accumulating down at these levels and I don't think it's been all retail. Hopefully, we'll get some more future guidance in the next few days but I'll take $1+ per share right now!
Absolutely and a primary point of the prior share structure is the company Never did max out the A/S. A bit over 1/2 but that was it. Hopefully, lessons learned there about the negatives of dilution but time will tell. On the surface based on the last Q report, this appears to be a big operation in the making but until further details and concrete deals/revenues are on the table as done, I'll just continue to "think" big here. Hopefully, it's close.
Now the 1/600 r/s is next. I assume the website and other social media sites will be updated in the near future.
Based on page 12 on yesterday's final Q report thru June 30 of this year, there is a lot of global business activity on page 12. Question is how big are the potential revenues from all of these deals if they finally come to fruition? What is interesting is all the global financing companies involved + the office in Ghana + working on providing some Canadian Nations some type of Health Care needs + a restatement that the approx. $4 mil or so debt will be taken out of the balance sheet. Would like to see a debt free balance sheet without all of those noteholders.
At least I see a few irons in the fire and hence the reason IMO for the company trying to rise from the dead at this point in time. Curious as to the company's staffing to handle all of what seems to be going on. The OTC markets site continues to list the Markham location as the primary office.
If a large social media giant quickly swoops in a buys this for a few $s, then any small dilution won't really matter. But again, yesterday's filing doesn't look like dilution IMO. Just the COO selling his shares for some reason????
These shares appear to have been given to the COO (in his name) at the time of the initial reverse merger. So they would already be in the a/s and o/s. What is odd is the COO is appears the COO has already sold shares. Why and to whom? A larger company taking a large financial interest? Obviously, we need clarification of what the filing is about.
I find it odd the COO sold shares if that is the case. But I think he was the majority common shareholder anyway. IF that is the case, then there shouldn't be any dilution as those shares were already in the o/s base.
Interesting reading pg. 12 of the latest Q filied thru June 30 of this year. Lots of irons in the fire but as you say as of mid-year lots of finance companies involved but no evidence of finality. These look like MAJOR financing projects as there are several financing ARMS including the World Bank involved.
My question is whether all the financing loose ends are now coming together since the last Q report, hence, the reason for all the sudden activity on this company. Lots of unanswered questions for sure but hopefully, more information to follow now that the company appears to be current and the r/s takes effect along with the raise of the a/s to I think around 1.1 bil with the initial o/s around 500-600 mil with retail shareholders holding just a few million that will be tightly traded IMO.
Waiting for the next round of KALO news along with specifics on potential revenues/profits going forward.
Last Q report.
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=12383120-7651-64253&type=sect&TabIndex=2&companyid=736857&ppu=%252fdefault.aspx%253fcik%253d1389034
See my previous post. Proposed sale? Reverse Merger/Stock Swap?? What is the meaning of all that? The more I study the filing, it appears COO Jonathan Thomas is selling those 37+ mil shares. But to who and why? Private placement? Merger Partner? This wouldn't dilute the share structure as those shares owned by Jonathan Thomas are already factored in the o/s IMO.
Interesting filing to say the least. $IMTL
Difficult to understand this transaction filed on 11/14. Unless I'm mistaken, it appears the IMTL COO Jonathan Thomas is acquiring 37,733,000 shares from IMTL. I think Jonathan already owns approx. 40% or so (guesstimate) of the common.
What is also confusing to me is all the talk about reverse merger/stock swap at the bottom of the filing. Why would they make that statement? Is IMTL merging or being merged into????
https://ih.advfn.com/p.php?pid=nmona&article=76094310
Nice buy price IMO! But in the grand scheme of things, I'm betting these prices $.02 and under will look like the deal of the century 1-2 years down the road. $IMTL
Signus, exactly when did KALO vacate the Markham office?
Keeping a close eye on the KALO trading going forward. Volume so far today is 2.8 mil. My question is whether we find out what is going on one way or the other this year or next year?
My gut is telling me something is still in the works with KALO. After all, shareholders were mailed back in August the reverse split and new share structure notification form. FE Pharmacy, Inc. (FEPI) will control KALO's shares with about 90% or so common ownership. Big question is who/what is FE Pharmacy, Inc. and what is the reason they were to clean up the KALO shell to debt free status? A merger of some sort is on the top of my list of possibilities.
The renewal of the Nevada SOS filing is also due at the end of this year.
http://nvsos.gov/SOSEntitySearch/CorpDetails.aspx?lx8nvq=WEEf3jWRcN9MshB5p82kcA%253d%253d&nt7=0
Doubt an extension filing will cause a crash to $.01 since we saw a very positive forward guidance type of Press Release from the CEO less than 2 months ago. Most stockholders left know which direction the company is moving but the big question is how fast and how far. They need a merger/buyout IMO to take them to the next level. $IMTL
They just need to get this offering behind them and start opening up those global offices. There are a few reasons for the stock to be down here. We don't know for certain what the current revs/profits are + continuing on the pink market along with not using the PR Newswire service IMO. IMTL is just flying under the radar for some reason. Maybe a potential buyer is keeping it pinned in down at these price levels while they accumulate.
However, it's getting close for the Q release. That should give us hints on which direction and how fast the company is growing going forward.
Wow! Just noticed IMTL has so far raised $620K which is 62% of their $1 mil crowdfunding offering goal! As a previous post indicated, if only $500K was raised, a New York office would open so hopefully, that will happen soon, and if $1mil is raised, other European and I think Asia offices would open! Fast Big $s ahead for IMTL the old fashion growth way or a merger/buyout IMO!
From the offering prospectus and previously posted here.
Strategy and 12 Month Outlook
Assuming we are able to raise at least half the funds under this Offering Circular, the Company plans to use the funds raised to hire more staff and open an additional office location in New York. This will give us a bicoastal presence here in the United States in two major hubs for photographic data. Additional staff will also allow use to scale our operations and process more infringements as well as continue expanding development of our software to maximize efforts. If the Company is able to either raise the entirety of the Offering or generate substantial revenues from our growth, we will begin to set up offices in Europe and Asia.
Agree this stock is way under the radar and maybe for a reason? But, in the mean time reading the CEO's 9/29/17 letter to shareholders, it's comments like this that show the HUGE impact the fast growth in global alliances will have on the profit/revenue base due to the number of clients and photographers there are that will be buying into IMTL's plan. IMO, this fast mushroom effect of growth will just keep compounding quarter over quarter. If the projected revenue numbers in IBOX are on target, one can see the potential of $100s of millions in revenues in a 3-5+ year span, but I personally sense a buyout before then just like the COO advised in late summer of Facebook buying a copyright infringement company.
The following comment from the CEO's 9/29/17 letter is very telling of all of these growing alliances IMO.
"August and September have brought additional major successes as well. We are now monitoring the 4M+ photos within the Snapwire Marketplace for online usage and actively working with the Snapwire community to register their images with the US Copyright Office to better protect their growing community of photographers from online piracy. That relationship may function as an accelerant with major implications. Snapwire Media Inc. is a leading-edge website that hosts over 450k creatives generating a massive flow of visual intellectual property, 1800 clients worldwide such as LinkedIn, Scholastic, Google, and Hertz as well as over 330k photographers in 180 countries.
We do not believe the market is remotely appreciating the scale of impact that this partnership may have over time."
https://finance.yahoo.com/news/image-protect-inc-ceo-issues-120000699.html
And what an Awesome HUGE client this is of IMTL with vast reaches throughout China! Shanghai Media Group.
https://en.wikipedia.org/wiki/Shanghai_Media_Group
In addition to my earlier suggestions that IMTL needs to move at least to the OTCBB market or higher if possible and ASAP. This will bring in a more serious investor and research base with more of a global reach.
Also, I don't believe the "Market Wire" service IMTL uses does much for the exposure of the company to the global investment community. At a minimum, many and most of the small and larger companies use "PR Newswire" as their news service.
It's the little stuff like the above that may help the push forward for IMTL from both a new client base + new investors.
Those revenue projections in IBOX are pretty old and prior to a lot of these global alliances IMTL has made to date particularly in the 3rd Q. As you say, it's difficult to wrap specifics around in current/future terms but the following copy of the CEO's 9/29/17 PR does give lots of positives to date and going forward. But if the company hits or exceeds the approx. $7 mil (2017) and approx. $29 mil (2018) revenue targets, it is difficult to imagine the share price would stay in the low pennies. The growth rate is HUGE and revenues could triple or quadruple year over year for some time to come IMO. This upcoming Q report should be an eye opener one way or the other for sure of where the company is heading.
Dear Valued Shareholder,
These are increasingly exciting times for Image Protect, Inc., and I wanted to take a moment discuss the ups and downs of the year as we head into the final quarter. Although we recognize that the price per share for stockholders hasn't borne out that excitement over recent months. There is a clear disjunction between the success we are experiencing at an operational level - boots on the ground - and the behavior of shares on the open market. However, at times like this, it is important that we remain focused on the job at hand: building a growing with a solid foundation from which we can continue to build from. We have complete confidence that the market will take care of itself over time.
I would like to take a step back for just a moment, and appreciate the positive strides the Company has made over the past year. In that time, we have seen a sharp and undeniable rise in the growth of the core business, at one-point projecting 3,000 actionable Infringement cases for recovered copyright revenue in Q1 2017 alone, versus 1,500 actionable cases for the entire year of 2016.
The company has also made steadfast strides to cultivate an international presence, having now executed exclusive contracts with six of the top photo producers in the world, and growing to work with more than a dozen law firms in the United States, UK, Germany, Austria, France, Italy, the Netherlands, Belgium, Luxembourg, Denmark, Poland, Czech Republic, and Slovakia.
In addition, we have tapped key relationships and formed partnerships that present potentially enormous implications for revenue growth over coming quarters.
For example, in December 2016, we formed an exclusive engagement with www.stockpotimages.com to assist in the monitoring and protection of their extensive Cannabis image collection. That engagement promises to directly generate sales and potential new sales leads for years to come, particularly given the growth evident in the digital segment of the global cannabis industry. We were also successful in forging an alliance this Summer with Safe Creative, an EU-based global copyright registry with more than 175K users, for the purposes of an integration project toward the goal of streamlining the process of tracking where registered images and illustrations are being used online.
August and September have brought additional major successes as well. We are now monitoring the 4M+ photos within the Snapwire Marketplace for online usage and actively working with the Snapwire community to register their images with the US Copyright Office to better protect their growing community of photographers from online piracy. That relationship may function as an accelerant with major implications. Snapwire Media Inc. is a leading-edge website that hosts over 450k creatives generating a massive flow of visual intellectual property, 1800 clients worldwide such as LinkedIn, Scholastic, Google, and Hertz as well as over 330k photographers in 180 countries.
We do not believe the market is remotely appreciating the scale of impact that this partnership may have over time.
The same may be said of our latest deal with Tetra Images. Tetra is a leading player in the premium royalty-free market. We are set to immediately begin monitoring the 100k+ photos within the Tetra Marketplace for online usage and actively working with that community to register all images with the US Copyright Office for better protection against online piracy.
As these deals stack up, they represent the building of a potent global brand, which in turn places us that much closer to the next major deal, and the deal after that. In short, this is a massive end market. The online advertising space alone, in terms of image protection, has a $95B global upside. We haven't scratched the surface yet.
Because of my own commitment to this progress, I have been investing my own personal capital back into the equity of the company at current prices. Please review my filed SEC Form 4 filings for precise details. Since April of this year, I have acquired over two million shares of IMTL stock in the open market. This should be clear that this represents a major intertwining of my own personal financial fate with that of the company. I believe in having "skin in the game."
I have a deep and abiding confidence in this organization, in our team's ability to execute, and in our fundamental business model and market opportunity. Our original assumptions are being confirmed in the marketplace and we continue to pick up steam in the core business.
We have had production setbacks like any start up experiences. We over predicted our ability to settle cases on a quantity basis. Can that be fixed? Do we continue to adjust? Of course, do we hear the common micro-cap detractor's voice? Of course, but I can assure you this management has been built by individuals with fortitude and dedication to push through setbacks. When I hear it, or I see it I go into the market like the rest of you and buy more stock.
We believe that, over time, investors will develop a more intuitive understanding of the digital visual IP marketplace as a tangible growth market with size and staying power, particularly as our own operational success becomes more tangible and evident going forward. We're expecting articles written on the company that spot light this ever-growing Copyright Infringement space that may help tell our story to the average investor, I wish to thank the current base of shareholders we have now for your commitment.
Sincerely,
Lawrence Adams Chief Executive Officer
About Image Protect Image Protect protects and monetizes creative works. By uniting technology with a team of copyright experts, we ensure that content providers preserve the value of their digital assets. Our web application monitors the global Internet to seek and collect evidence for illegally used visual content. Then our legal partners across North America, Europe, and Asia ensure our clients receive appropriate compensation for work used without valid license.
Safe Harbor Provision Cautionary statement for purposes of the "Safe Harbor" provisions of the Private Securities Litigation Reform Act of 1995: Information in this news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of the Company and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. Risks, uncertainties and assumptions include the execution and performance of contracts by the Company and its customers, suppliers and partners. The Company disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise.
Contact: Craig Fischer CF@valuecorptrading.com
? 2017 Nasdaq, Inc. All rights reserved.
https://www.marketwatch.com/story/image-protect-inc-ceo-issues-letter-to-shareholders-2017-09-29-8160019?dist=bigcharts
Interesting link tweeted by IMTL on Oct 16. I would consider any of those companies listed in the link to be potential Buyers of IMTL.
"Global Digital Rights Management Market – Remarkable Growth Forecasts for Copyright Protection of Digital Media 2017-2022"
http://www.reuters.com/brandfeatures/venture-capital/article?id=14761
Microsoft
Google
Apple
Adobe Systems
DELL/EMC
Oracle
Sony
Symantec
LockLizard
Amazon
Intertrust Technologies
Intel
Seclore
Founder Tech
Haihaisoft
TY for providing this Awesome information Biffbifford! Limited competition, Potential office expansion in New York, Europe, and possibly Asia, hiring more employees, and some informational names of a couple of the main competitors who appear at this time to be non-public operations. IMTL has already raised 1/2 of the $1 mil goal. Not only do I think IMTL is or will be in demand for one of the big global companies and/or social media operations, there is the potential IMO of a merger albeit small IMO with a company like PicScout or ImageRights International. Interesting there have not been any PicScout posts on any social media sites per their website in almost 6 months. PicScout appears based in Israel. ImageRights looks to be a non factor. I am leaning more towards a buyout possibility of IMTL but in the meantime super global growth potential IMO.
Lots of Awesome directions IMTL can go to benefit shareholders and potential HUGE global growth quickly. IMTL seems to be in the right place at the right time with limited to virtual non-existent global competition. Baby steps or a HUGE leap forward? $IMTL
Agree it's a long ways from $.02 to $10 but we see lots of global alliances happening almost weekly, the infrastructure is in place, and the CEO continues to beat the drum about the revenue potential and the stock being undervalued. But, the market sees only talk and the last Q, and of course some dilution. IF 2018 does indeed generate close to $30 mil revs as projected and IF the share structure stays within reason, I don't see any reason for the company not to virtually go debt free, expand global sales operations, and possibly be telling shareholders a hefty new 2019 revenue target.
Anyone can do their future price per share guesstimates math about future revenues and profits assuming projections come true but I think the upcoming Q along with the year end report will hopefully show that IMTL is delivering the goods they have been talking about this year. My share price projections are based on the goods being delivered along with possible buyout prices for this niche operation where IMTL seems to have moved into a hot demand sector with few if any players as competition globally.
Looking forward to the upcoming report and any forward guidance.
After I saw all those 666666's I immediately thought we were doomed and tried to round up to an easy 7 but got the decimal mixed up. lol. Should be approx. 67 mil if the crowd funding $1mil raising scheme is a success and put in force. $1mil/.015 = 66,666,666 shares rounded to 66.7 mil. Hopefully, the CEO will stop the dilution while the o/s is still in the approx. 100-150 range with the expected large increase in revenues as projected. He may be old school about dumping shares but investors are not and are savvy nowadays, hence, may be a reason we are still at $.02. Investors like companies that buy back shares and not sell shares.
Regarding an earlier comment about "pipe dreams." Stocks are like that and until IMTL shows what they are saying about being undervalued, then it's just speculation and another pink stock to the market and yes a "pipe dream." But, this last letter to shareholders from the CEO does give hope things may be more than a "pipe dream."
"As these deals stack up, they represent the building of a potent global brand, which in turn places us that much closer to the next major deal, and the deal after that. In short, this is a massive end market. The online advertising space alone, in terms of image protection, has a $95B global upside. We haven't scratched the surface yet."
"Our original assumptions are being confirmed in the marketplace and we continue to pick up steam in the core business."
https://www.marketwatch.com/story/image-protect-inc-ceo-issues-letter-to-shareholders-2017-09-29-8160019?dist=bigcharts
$IMTL
biffbifford, I think the IMTL $1 mil crowdfunding that appears to be 1/2 completed is a good way to cap the o/s increase at a fixed amound. The revenues projected for the end of this year and 2018 are more than sufficient to have a nice cash flow to meet most expenses and hopefully relinquish ASAP the current Total debt of only $1,756,184 as per the last Q report. That in itself would take the share price to massive levels (multiple $s instantly) IMO.
If the $1 mil crowdfunding goes thru, this adds about almost 6.7 mil to the o/s totals. I think it is important the CEO keeps the o/s in tact from here on out if the cash flow is adequate to cover expenses/debt.
Someone posted they heard the company was possibly opening a New York office? Neighbors to Wallstreet! Interesting.
Actually 106,336,726 o/s as of Nov 1, 2017. I'm guessing approx. 50% of those shares are owned by officer/insiders. So we're looking at a trading float of around 50 mil or so IMO. Approx. $7 mil revs projected for 2017 and a bit under $30 mil revs projected for 2018. Hoping these are conservative estimates.
$30 mil revs x 50% guesstimated net profit = $15 mil/106 mil o/s = $.14 EPS x 20 PE = $2.80 PPS.
**This should be sufficient to get IMTL into the NASDAQ where the funds/institutions hang out.
https://www.otcmarkets.com/stock/IMTL/profile
Hoping IMTL meets/exceeds expectations.
Agree Imbest. But IMO not really a pipe dream based on what I see happening in strong revenue generating alliances to date but this stock hasn't caught on other than being a daytrade on the ugly OTC. My dd suggests Super big days ahead for IMTL not too far out into the future. In the meantime, an awesome price to accumulate for many of us IMO.
I will keep pounding this in that it is important for IMTL to keep the dilution factor away while the revenues continue to grow at a fast pace based on the Awesome alliances to date. Profits will soar here fast and the debt will disappear IMO as revenues continue to triple and quadruple year over year.
Quote from the September 29 shareholder letter link as follows:
"In addition, we have tapped key relationships and formed partnerships that present potentially enormous implications for revenue growth over coming quarters."
https://finance.yahoo.com/news/image-protect-inc-ceo-issues-120000699.html
Trefontane, those are IMTL BUYOUT guesstimate stock prices for the end of 2018 $10 and if one happens in 2019 then $15-$20.
Simple math for Non Buyout prices assuming the company delivers or beats their revenue projections and assuming the o/s stays around 100 mil or so.
2018 revs approx. $40 mil x 50% net profit = $20 mil/100 mil o/s = $.20 EPS x 20 PE = $4 PPS.
2019 guesstimated revs $100 mil x 50% net profit = $50 mil/100 mil o/s = $.50 EPS x 20 PE = $10 PPS.
In addition to being a major buyout play, I think IMTL will be ripe for a possible merger at any time. That will just compound the above to higher levels. As another poster indicated, investors are waiting to see IF the company delivers. I'm betting we will see huge compounding revenue growth evidence based on all the alliances to date with the upcoming Q report next month that will start to match what the company has been telling us.
Hoping the company goes off the OTC next year and into NASDAQ for more serious investors (institutions/funds) and goes virtually debt free with the increase in revenues/profits ASAP in 2018 without any further dilution. Those actions will have an Awesome positive impact on how the market views this stock and management team going forward IMO.
Obviously, I'm very positive about the future of IMTL. Let's see if they deliver.
Nice and right before the IMTL earnings report! I plan to average up over the next few months as I expect the share price to soon start moving towards the approx. $30 mil projected revenues for 2018! This stock has a potential buyout price of $10 IMO by the end of 2018 and $15-$20 sometime in 2019! I have posted my PPS calcs. Anyone can check these out. IMHO.
The current share price of IMTL is currently way undervalued to many of us shareholders who have done the homework regarding potential revenues/profits and are forward thinking. If this moves down a tick or two, then average down, if it goes up, then average up. Go with ones instinct and stay with it! IMO.
If IMTL hits the projected $7.8 mil revs this year or hopefully a surprise upside, that should be sufficient to relinquish all of the approx. $1.8 mil TOTAL debt indicated on the last Q report! I am assuming the net profit % is at least 50%. Next year 2018, the projected revs as shown in the above IBOX are just under $30 mil. This company with HUGE fast growing revenues/alliances and large profits with a clean balance sheet and a low share structure will be ready for prime time!
Some more buying activity early today with the o/s decreasing a bit. Hoping this small share buying is leading to something out of dark status. It's been almost 2 years since we've heard anything specifically about the operations other than the potential upcoming reverse split.
$IMTL. Trefontane, with the revenues supposedly increasing dramatically into the $millions, IMO it would be prudent for the company to use the large increasing cash flow to pay off debt, etc., rather than diluting shares. Win Win if the share price increases dramatically due to a lack of dilution + it is hoped the company works its way to the Nasdaq and off the nasty pinks ASAP.
Also, the old school way of doing business with dilution activities does not seem to be the prudent thing to do nowadays. Investors have caught on to that type of operational scheme and generally the companies pay dearly for those type of activities that in many cases is not necessary. The company should expect much higher share prices + the buyout potential at a low o/s base to carry this stock to Awesome heights near term!
$IMTL. Just took another look at the projected and past revenues showing Huge year over year % growth in IBOX above. IF the o/s remains close to 100 mil (hoping that occurs), we should see a stock price of at least $10 based on a fairly conservative 20 PE in 2018 IMO.
Revenues (past and projected):
2015 - $440,000
2016 - $1,041,453
2017 - $7,026,197
2018 - $28,864,321
Assuming at least a 50% net profit, the following is a quick calculation of a guesstimated price per share by late 2018. Since the company already has a strong infrastructure of global clients, I think there is a good possibility the company will be sold prior to 2019. A Buyout price (IF) the company is bought out in 2019 could be in the $2 bil+ range ($20-$25+ per share). I'm thinking a buyout price in 2018 would be in the $10-$15+ range).
$50 mil net/100 mil o/s = $.50 EPS x 20 PE = Estimated minimum $10 Price Per Share by late 2018.
If the revenue projections in IBOX are conservative and IMTL blows those projections away in 2017 and 2018 and beyond, then my price per share projections are low. The projected and past year over year growth potential of IMTL is tremendous. This investment is looking very good here IMO.
Just wonder IF Kassett (FEPI) has already cleaned up the KALO debt as promised in earlier this year filings. That's the thing to do for a clean merger IMO but it's all a guessing game of what's going on if anything at this point.
Would like to see an Awesome Christmas present here but either way, time is running out for anything to happen in 2017.
I agree. I don't think they took over the WWIO shell for a $.0001 stock price going forward. At least on the get go, logically there would have to be a plan to make this investment pay off. After all, the new CEO already has a stock so why do they have WWIO? Interesting play going forward for sure! At least something is happening.
It can't go anywhere without a bid. Looks like a reverse merger or merger play IMO. New CEO Anthony Anish and CFO Jitu Banker seem to be deal makers and currently run M Line Holdings (MHLC) which fairly recently went dark. Time will tell. Not looking for $s here but could move up a bit depending on what assets we see when all is said and done. Whether they sell up to 20 bil which is rare in OTC land, is yet to be seen. The company will go nowhere for sure if that is their intention to sell off shares. So I'm betting in this new stock market environment, the old school thought of selling shares "may" and should not be the game plan going forward.
Maybe announcing a buyback of shares program for a change would ignite a share price rather than driving it into the ground as so many pinks do. The old ways of scamming investors just don't work anymore. The new management should already know this.
$WWIO
New WWIO CEO Anthony Anish and CFO Jitu Banker connected here. Putting 2 and 2 together here IMO.
M Line Holdings, Inc.
https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=1424732
https://www.otcmarkets.com/stock/MLHC/quote
$WWIO